delete PART 901—BYLAWS OF THE CORPORATION
This establishes the Pennsylvania Avenue Development Corporation, a federal entity with a 23-member board (15 voting, 8 non-voting), corporate officers, and bylaws governing its operations. It's a government corporation created in 1972 to oversee development of Pennsylvania Avenue in Washington, DC.
This federal corporation violates constitutional federalism by intruding into local urban development—a power reserved to states and localities under the Tenth Amendment. It wastes taxpayer dollars on a function the private sector or DC government could perform more efficiently, while imposing regulatory burdens on development that distort markets and protect incumbent interests. The unseen costs include misallocation of capital, reduced competition, and the perpetuation of bureaucratic missions beyond Congress's enumerated powers.